The Cavaliers offered the No. 4 pick in this year’s NBA Draft to the Memphis Grizzles for Rudy Gay, Draft Express’ Jonathan Givony reported via Twitter. Memphis rejected the offer, according to the report.

Some around the league have speculated that the Grizzlies will try to trade Gay since the team had success this season without him, taking the Thunder to seven games in the West semifinals after eliminating the top-seeded Spurs in six games in the first round. Grizzlies owner Michael Heisley said last week, however, that the team intends to keep Gay.

Gay went down with a shoulder injury on Feb. 15 and did not play for the remainder of the season after that. He’s averaged 17.8 points over his five years in the NBA, all with Memphis.